What is the definition of cost of sales? The direct costs of producing the goods that a company sells are referred to as COGS. Directly involved in the production of this good are the materials and ...

The direct costs of producing the goods that a company sells are referred to as COGS. Directly involved in the production of this good are the materials and labor that were used. It does not include ...

Direct labor is the costs of wages ... Although the cost of revenue factors in many costs associated with sales, it does not take into account the indirect costs, such as salaries paid to managers.

Also tied to the breakdown of sales is cost of goods and direct labor. To sell the product, you must first produce it. Since you've already broken down sales by month, you need to determine the ...

compensation for sales people and to administrative labor such as accountants, lawyers and support staff. However, the actual dollar amounts attributable to labor costs in these line items go ...